The Current IPO Market

I came across this article today – “Wall Streets IPO Business: The Worst in 20 Years.” There is nothing I love more than catchy and fear fulfilling headlines from the dumb media. Which got me thinking: they are always wrong and badly timed right?

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Source: SentimentTrader

Here are the charts of IPOs this year that have my interest:

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There are only a sample of the IPOs this year. I ran through them all and these are the best looking setups to my eye and trading strategy.

I personally don’t like trading things without a lot of historical data, but we are seeing a lot of volume into these names. Something to note.

IPOs tend to outperform during good market action and underperform during bad market action. Just look at ACIA’s 300% move.

What happens if following an autumn correction, we start to rip into a new bull market? Do you think these stocks will outperform? Do you think companies like Uber and Snapchat may go public? I think its a high possibility. Did this article predict the IPO bottom? It might just have.

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